Support and Resistance Levels
Past performance
About Maiden Forgings Ltd Maiden Forgings Ltd, established in 2005, is a prominent manufacturer and supplier of stainless steel bright bars, steel wires, profiles, and ground bars. Specializing in ferrous metal products, the company designs and manufactures carbon steel, stainless steel, and alloy steel products. It operates from three manufacturing plants in Ghaziabad, Uttar Pradesh, with a combined capacity of approximately 50,000 tons per annum. The company's infrastructure includes advanced steel drawing machines and peeling centers, reflecting its commitment to efficient production processes.
The company commenced operations with its first plant in 2011, followed by additional plants in 2015 and 2018. In 2022, Maiden Forgings expanded its production capabilities by adding a dedicated line for collated pneumatic nails, as part of its forward integration strategy. Maiden Forgings Ltd is preparing for a public issue, planning to issue up to 3,784,000 equity shares, signaling its growth ambitions and potential for expanding market presence.